Much to our surprise we have been told by our broker that my Hockley solicitor is not on the mortgage company Solicitor panel. What can I do to check?
The best course of action for you to take is to call your Hockley conveyancer. You lawyer should notify you of the situation. Where they are not on the panel they may recommend you to a Hockley conveyancing practice that is on the conveyancing panel for your mortgage company.
Do the conveyancing practitioners identified via your search tool handle auction conveyancing in Hockley?
There are a number of niche lawyers we can put you in touch with those specialising in auction conveyancing. Hockley is one of the many areas of where our lawyers have a presence.
We were going to get a DIP from Barclays this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Barclays recommend any Hockley solicitors on the Barclays conveyancing panel, or is it better to go independently?
You will need to appoint Hockley solicitors independently although you'll need to choose one on the Barclays conveyancing panel. The solicitor represents both you and Barclays through the process.
Intending to buy a apartment in Hockley. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the UBS conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Hockley lawyer is on the UBS conveyancing panel.
I was told four weeks ago that my mortgage has been agreed to by Barclays. Is it usual for Barclays to only issue the offer once my solicitor in Hockley is approved on their conveyancing panel? Barclays have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Barclays to deal with your lawyer's application to be on the Barclays conveyancing panel. There's no guarantee that your solicitor will be accepted.
I need some expedited conveyancing in Hockley as I am faced with a deadline to complete within 3 weeks. Fortunately I do not require a mortgage. Is it possible to avoid the conveyancing searches to save money and time?
If.Given you are are a cash purchaser you are at liberty not to do searches although no solicitor would advise that you don't. With lots of history conveyancing in Hockley the following are examples of issues that can show up and adversely affect the marketability of the property: Enforcement Actions, Overdue Fees, Outstanding Grants, Road Schemes,...
How straightforward is it to use the search app to select a conveyancing lawyer in Hockley on the authorised to act for my mortgage?
First choose a lender such as Barclays , Leeds Building Society or Barclays Direct then specify your preferred area e.g. Hockley. Conveyancing firms in Hockley and beyond will then be identified.
I own a leasehold house in Hockley. Conveyancing and National Westminster Bank mortgage are in place. A letter has just been received from someone claiming to own the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1996. The conveyancing solicitor in Hockley who acted for me is not around. What should I do?
First make enquiries of the Land Registry to make sure that the individual claiming to own the freehold is indeed the registered owner of the freehold reversion. You do not need to incur the fees of a Hockley conveyancing practitioner to do this as it can be done on-line for less than a fiver. You should note that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I purchased a split level flat in Hockley, conveyancing formalities finalised May 2009. Can you please calculate a probable premium for a statutory lease extension? Similar flats in Hockley with an extended lease are worth £180,000. The average or mid-range amount of ground rent is £65 charged once a year. The lease finishes on 21st October 2085
With 59 years remaining on your lease we estimate the premium for your lease extension to span between £20,900 and £24,200 plus costs.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to supply the actual costs in the absence of detailed investigations. You should not use this information in tribunal or court proceedings. There may be other issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information before getting professional advice.